Topic: ICO makes me sick - page 7. (Read 18774 times)
I believe that a project with a great idea will always be able to find investors and it is not necessary to conduct an ICO. In my opinion, the ICO is an attempt to attract investment in the Wake of the success of other projects, but this does not guarantee that the funds raised will help to achieve success. First, the developers must submit the finished project, and then raise funds for its further development.
That's right, There are many project doing very well without doing any ICO, There are thousands of project that raised their Funds themself and till now they are doing well. But I don't see anything wrong in ICO aswell depends on the project and how solid the team is.
Quote
if you don't have money to fund your project just don't bother
Many great projects were funded by people. Even very wealthy creators still seek to fund their projects publicly probably to spread the risk.
You should not fund ICOs without reading their whitepaper in order to be sure the projects are solid, original/unique and viable
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
since 2018, there are a lot of ICO projects that are not that great or worth it for investment, that is why investors have stop participating in ICO projects. Bounty hunters also do not receive their rewards, that is why they are now hating joining ICO projects.It can be said that 2018 is the worst year of the ICO industry, more than 95% failed to reach softcaps and many even scam, I was also hit by a scam from some ICO that I thought was good and convincing.
If you do not like projects you can not participate in them and completely abandon them. The fact is that no one forces you to buy coins. So do not say that cryptocurrency makes you suffer. Or something that does not give you.
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
When you are not satisfied with your ICO investments, simply stop invetsing and promoting ICOs and come back when market recovers, after that ICOs should be again awesome!There are still ICO that has potential, but only few of them. Most of ICO projects nowadays are scams, they took advantage of the bear market. I also think that there will be lots of potential ICO when the market recovers.
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
When you are not satisfied with your ICO investments, simply stop invetsing and promoting ICOs and come back when market recovers, after that ICOs should be again awesome!
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
When you are not satisfied with your ICO investments, simply stop invetsing and promoting ICOs and come back when market recovers, after that ICOs should be again awesome! No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
since 2018, there are a lot of ICO projects that are not that great or worth it for investment, that is why investors have stop participating in ICO projects. Bounty hunters also do not receive their rewards, that is why they are now hating joining ICO projects.It can be said that 2018 is the worst year of the ICO industry, more than 95% failed to reach softcaps and many even scam, I was also hit by a scam from some ICO that I thought was good and convincing.
Many ICO projects now are just scam. People just wake up to design a project without any view or ideas. It's just all scam and I feel for investors.
No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.
since 2018, there are a lot of ICO projects that are not that great or worth it for investment, that is why investors have stop participating in ICO projects. Bounty hunters also do not receive their rewards, that is why they are now hating joining ICO projects.
A lot of people actually do and I can't blame them because its very risky and most of them right now are ending up as a failure. But if you think and look about it carefully, thats why its called ICO, from the term itself., "initial" coin offering. It means they are trying to see if people will support their idea and if they do, they will invest funds and if not, they will just discontinue the project.
A lot of ICOs is not making any wave again, many ICOs are failing almost on a daily basis because of lack of adequate fund to develop the project. But part if the problems is that, many ICOs developers set an exorbitant soft cap and if this is not reached, the project will just stuck, I'm really sick of this because of wasted efforts especially on the part if the bounty hunters. However, IEO is the one making waves now and its recording a lot of successes.
Well, to develop the project you need funds. That's why No funds means no project. I'm agree though with some of your points but it's what happen. No reach softcap then no project and project cancelled. Sometimes it sucks though, a good project but no funds for the project.
You have to remember that most ICO's are a con, it is a concept taken from the stock market - Initial Public Offerings (IPOs). When times are good, people are happy to throw money at new companies, but it doesn't mean the valuation has any basis in reality and the first bit of bad news can crush the price of any stock or coin. The chances of you finding another altcoin comparable to the success of bitcoin, and getting in at the right time, are like the odds of winning the lottery.
A lot of money has poured into the market and disappeared, the situation is very bad. Companies are also putting up their hands because the market goes down, individuals lose money very quickly ... wrong with the current 
All these ICO and IEO will not give a good crypto industry. This is not what we all want. All of these pump and landfill scare novice and assign cryptocurrency fraud image. Although this is far from the case.A lot of money has poured into the market and disappeared, the situation is very bad. Companies are also putting up their hands because the market goes down, individuals lose money very quickly ... wrong with the current
All these ICO and IEO will not give a good crypto industry. This is not what we all want. All of these pump and landfill scare novice and assign cryptocurrency fraud image. Although this is far from the case. 
Many investors have failed to benefit from the ICO and many of them have run out of capital like me too, now it is very difficult to find a really good ico, I myself am also confused, now many ico projects appear, the analysis must be really right
Just like you even I have burned my fingers in these ico investments. Earlier the ICOs were really good. I was one of the early investor of IOST and was able to ripe profits as well. But not with so many fake ICOs and such a large number. I am out of it as of now. Will try back again in bullish market. ICO purpose should be good because its raising fund to finish the project. If the project success, investor must be gain profits. But like in any field, there always scammer who want to take advantages from crypto market. They using ICO scheme to scam people and run with investor money. I think government regulation needed to regulate ICO and make investor more confident to invest in ICO in the future
ICO is made for companies that do not have the funds to build their businesses. The ICO project collects funds to build its business. Yes, I agree that many ICO projects have failed now, but that is because the crypto market conditions are being negative or bad, causing the funds to be drastically reduced. Maybe some ICOs that accept fiat are not affected by the current crypto market conditions.
A lot of money has poured into the market and disappeared, the situation is very bad. Companies are also putting up their hands because the market goes down, individuals lose money very quickly ... wrong with the current
it is very difficult to choose quality ICOs and can provide profits to investors because there are very many SCAM cases in the ICO project. now the IEO has become the choice of many investors even if only for the short term but the IEO system is more reliable.
Jump to: